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Air Canada forecasts 2026 profit above estimates on demand for international travel

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Air Canada planes at Toronto Pearson International Airport. The carrier forecast 2026 core profit above Wall Street estimates on Thursday.Chris Helgren/Reuters

Air Canada AC-T forecast 2026 core profit marginally above Wall Street estimates on Thursday, betting on strong demand on international routes outside the U.S. and a surge in premium travel.

The carrier expects annual adjusted earnings before interest, taxes, depreciation and amortization in the range of $3.35-billion to $3.75-billion, compared with analysts’ average expectations of $3.5-billion.

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Even as domestic demand shows signs of cooling, international travel has remained a relative bright spot, cushioning carriers with broad overseas networks.

Strong long-haul bookings and resilient premium-cabin demand have helped the carrier offset softness in U.S.–Canada routes.

The airline expects its available seat miles capacity, a key measure of passenger-carrying capacity, to rise between 3.5 per cent and 5.5 per cent in 2026.

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